Hello, ser. I'm in the signature campaign from October 14th. Since I have changed my rank to Full member, please make appropriate changes to my status in the signature campaign. Thank you.

Here at the forum in one of the topics was shown a diagram as from September 30, when the Chinese government forbade miners to mine bitcoins, bitcoin began to rise sharply in price, which is happening to this day. It was explained by the fact that the miners of China could not put the produced bitcoins on the market, which increased the cost of bitcoin due to a decrease in supply in the market. Thus, the fact remains: without China, bitcoin has sharply begun to grow in value and feels good to this day. So without China bitcoin feels very good.

Recently, bitkoyn really behaves like a classic financial bubble. His rapid growth in the price is caused by the rush demand of people who invest in him to get a good profit by raising his rate. Increase in demand, in turn, attracts again, increasing its rate. If bitkoyin had improved over this period, became safer to use, acquired new useful functions, became more convenient, it would be quite normal and logical. However, it rises in price not due to the growth of its intrinsic value, but simply due to the demand for it, which does not correspond to the actual increase in its value. Thus, it behaves like a normal bubble.

Although this topic was written in early November, when the price bitkoyna relatively quickly reached $ 7,000, the question is relevant today. Yes, we do not cease to be surprised by the price of bitcoins, which for the last month, it turns out, has grown from almost 7,000 dollars to almost 13,000 dollars. There is something to be surprised. However, one must remember the considerable volatility of the crypto currency, and therefore in the next couple of months bitcoin can also drop sharply in price with the same speed, and even more. However, it is unlikely he will significantly decrease in the course so much. I think, below 9 000 - 10 000 dollars it is unlikely to fall.

In the last month bitkoyn increased in price by more than 50 percent. This increase in its value is more than unusual. However, for a crypto currency with its large volatility, this seems to be a common occurrence. Since in such a short period bitkoyn increased by more than 50 percent, then with the same success, theoretically, it may fall in price. However, I do not think that in the near future we will be corrected bitcoak as much as 50 percent. Most likely, such a correction will be about 20 - 40 percent. It will happen about the month of February.

This is a very interesting approach to things and money. And how much more unnecessary, in principle, things we buy throughout the year. Only in this case, for Christmas and Christmas gifts should be approached individually. After all, sometimes you do not need an expensive thing, but the very attention on this holiday. However, sometimes a decent gift is needed and bitkoyn in this case can wait until the next appearance of the opportunity to buy it. And in general, of course, if you are confident in the future bitkoyna and its continued growth in price, then you need to moderate saving for investing in bitkoyn.

In the long-term perspective, I do not think that bitkoyn will drop in price. On the contrary, everyone expects its further growth. Therefore, it does not make sense to sell it. However, it will be reasonable to partially translate funds into promising altas, including bitcoin in cash. I think that in the near future it will be quite promising for making a profit.

Recently, I increasingly hear from my friends about the problems associated with malicious programs or with the attempt of cyber-thieves to penetrate into purses for the purpose of stealing coins. Sometimes even such attempts are successful. Therefore now the first place is the problem of digital currency security. Cyber ​​attacks in connection with the increase in the cost of crypto currency will only increase.

There is no reason to fear that in December the bitcoin rate may fall. Of course, everything can be possible, bitkoyn as it rises in price, so it can quickly fall. However, in December another plug is expected and this should only have a positive effect on its price.

Indeed, the price of bitcoins has been growing lately. The reason for this is one - the crazy demand for it and the massive investment in it of people who want to profit from the growth of its rate. This is a vicious circle, which leads to inflation of the bitcoin rate, and therefore will lead to its sharp decline.

The price of bitcoins depends solely on the demand for it from the part of persons who want to buy it. And since bitcoin has increased in price by more than 1000 percent over the past year, there are a lot of people wishing to have such a profit in the future. But this can not continue indefinitely. Enough of some kind of cataclysm that would affect the decrease in demand for it, and there will be a reverse chain reaction. For a short time, its value can fall to the actual depreciation. While this is a classic bubble. A new technological solution is needed, so that it protects both from excessive inflation of the bitcoin price, and so as to prevent a sharp fall in its price. Given the already high liquidity of bitcoins, a sharp drop in the price could cause catastrophic consequences.

Let's ask ourselves: what is the price of bitcoins growing at? According to the laws of the market, because it increases the demand for it. And why the demand for bitkoyn increases? Because people want to make a profit by increasing its price, so they invest in it. Thus, we have a vicious circle: the price grows, because demand increases and demand grows, because the price increases. What conclusion? And the conclusion is that the price for bitcoins is artificially inflated, which means that it is a regular bubble. If we do not want it to not have this quality, do not swell, and therefore not burst, we need to find now the best solutions. until it's not too late.

In recent days, bitcoin has been growing at an unthinkable pace and now its rate is already over $ 10,100. If this goes on, then by the end of next year it will be able to reach the projected $ 40,000. Only at a price it will already become unattainable for the population with low incomes. Apparently, some of them will either already buy only a certain amount of satosh, or switch to using altcoyins, which are still very cheap.

Ethereum was clearly undervalued, although it performs significant functions among the crypto currency. If we take into account that in the etherium more than 52 percent of all transactions are conducted, even in bitkoyne there are 33 of them, this is quite a lot. I am very pleased that in recent days it has risen sharply in price and I think that after reaching the rate of $ 500 he will not stop there.

Ethereum is a good workhorse, if more than half of all conducted transactions are conducted in it. It is understandable. Ethereum is necessary everywhere, because it is based on 91 percent of all ICOs. And commission fees for transactions with tokens are conducted only in the etherium. It is no accident, probably, that in recent days it has been growing very well in price, approaching the $ 500 course.

Due to the fact that the risk of investing in the ICO campaign has increased significantly, I see that there is less willingness to participate in them. Even judging by the campaigns of the signature, in some campaigns, ten to two dozen people participate. This is comparatively very small. Some campaigns because of this offer for participation in the campaign signatures and social networks partial payment in bitcoin or etherеum. Then indeed, interest in such a campaign is increasing. Apparently, the decrease in demand for participation in the ICO also applies to investors. The way out is seen in the regulation of the ICO process by state or public bodies.

The digital currency will largely push the dollar. Crypto currency can be paid as a means of payment where it was usually paid with the dollar. However, the entire currency can not replace the dollar. In real life, there will always be cases when it is not convenient or impossible to use crypto currency due to various situations. Therefore, although the Crypto currency will effectively compete with the dollar, it will go along with it.

I do not agree with the fact that like cocaine or heroin bitcoin generates addiction. Bitcoin does not produce addiction, it is more a hobby than a dependence. Bitcoin, by contrast, provides financial freedom, not dependence. Like every hobby, bitkoyn can be called a game, but not gambling. Here you need a cold calculation and a sober mind to successfully deal with the crypto currency. Who will approach bitokoyu as a gamble, he will definitely lose.

Your reasoning is not true. Let's say bitcoin is a currency. But from the fact that bitcoin currency does not follow that it is fiat. Fiat is the money of a certain state, the usual paper centralized money, and bitkoyn is not. Bitcoin on the contrary is practically the opposite of fiat, because it is not created by the state, and therefore the currency is suprastate and decentralized, digital. Based on this, this is a completely new kind of digital money.

Crypto currency can grow and develop only when the number of people. using crypto currency, will increase. Therefore, if such a number is growing, it is only to the benefit of bitcoins and other crypto currency. So far, most people on the planet have not even heard of the crypto currency, or they know about it superficially. Therefore, the crypto currency has a significant reserve for expansion in the future.